Look for a "maturing recovery" in the Twin Cities this year

Experts at the University of St. Thomas expect a "maturing recovery" for the housing market in the Twin Cities, with median prices increasing 5 to 7 percent annually and foreclosures and short sales falling to 10 percent of all sales. That's according to the University of St Thomas Residential Real Estate Index from the Shenehon Center for Real Estate at the Opus College of Business. The full report can be seen here.